International Pension - South Africa

The Optimus South African Pension Plan (OSAPP) is the standard bearer in the delivery of tax favoured, cost-efficient retirement savings for South African residents. It has been designed to incorporate highly flexible investment and benefit features which can be tailored to how you want to accumulate and spend your retirement funds.

You have the peace of mind of dealing with a market-leading fiduciary specialist operating from one of the world’s most reputable and well-regulated international financial centres, the Isle of Man.

Your investment optionsThe Trustee has made a diverse range of investment options available so that you, in conjunction with your financial adviser, can select an investment strategy tailored for your own risk profile and retirement planning objectives.

Contributions structured to suit youIsle of Man pension rules governing OSAPP contain no limits on how much and how often you can make contributions. Exchange controls represent the only upper restriction and, indeed, OSAPP is an ideal vehicle through which to utilise the foreign investment allowance, currently R10 million per annum.

Additional benefits include:

No donations tax on contributions

Tax free growth

Tax free return of contributions

Can fall outside of the members estate

Wide investment powers

Flexibility on the level or frequency of contributions (subject to exchange controls)

Castletown based Fiduciary and Pension firm Optimus Fiduciaries Limited are pleased to announce donations to three local charities. Through various staff fundraising initiatives, the firm raised £750 which has been split evenly between Bowel Cancer Isle of Man, Manx MSPCA and Age Concern Isle of Man.

Tim Shallcross, Head of Business Development at Castletown based fiduciary and pension group Optimus Limited is to present a key message on the benefits of its new Turkish International Pension Plan as well as why the Isle of Man is a jurisdiction of choice in Istanbul later this week.

Optimus Fiduciaries Limited. Registered in the Isle of Man. Company No. 106763C. Directors: M C Quayle, M S Schofield, R B Thomas. Registered Office: St Mary's, The Parade, Castletown, Isle of Man, IM9 1LG. Optimus Fiduciaries Limited and Optimus Pension Administrators Limited are licensed by the Isle of Man Financial Services Authority. Optimus Fiduciaries Limited is a correspondent to the RSM network. The RSM network is a network of independent accounting and advisory firms each of which practices in its own right. The RSM network is not itself a separate legal entity of any description in any jurisdiction.